USDCHF Buy a break setup.
Updated
USDCHF - Intraday - We look to Buy a break of 0.9303 (stop at 0.9284)
Posted a bullish Flag formation.
A break of 0.9300 is needed to confirm the outlook.
Trading close to the psychological 0.9300 level.
A break of bespoke resistance at 0.9300, and the move higher is already underway.
We look for gains to be extended today.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We can see no technical reason for a change of trend.
Our profit targets will be 0.9359 and 0.9394
Resistance: 0.9300 / 0.9350 / 0.9400
Support: 0.9280 / 0.9250 / 0.9230
Posted a bullish Flag formation.
A break of 0.9300 is needed to confirm the outlook.
Trading close to the psychological 0.9300 level.
A break of bespoke resistance at 0.9300, and the move higher is already underway.
We look for gains to be extended today.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We can see no technical reason for a change of trend.
Our profit targets will be 0.9359 and 0.9394
Resistance: 0.9300 / 0.9350 / 0.9400
Support: 0.9280 / 0.9250 / 0.9230
Trade closed: stop reached
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